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Nikkei gains on strong offshore lead

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Capital Market
The Japanese share market finished higher on Monday, 26 October 2015, on the back of positive lead from Wall Street and European markets on Friday, coupled with the PBoC rate cut and the European Central Bank's indication of further stimulus likely in December. Total 28 TSE first-section sector sub-indexes ended up, with Air Transportation, Electric Appliances, Pharmaceutical, Machinery, and Insurance issues being major gainers. The Nikkei Stock Average added 121.82 points, or 0.65%, to end at 18947.12 points, having briefly reclaimed the 19,000 line for the first time in nearly two months. The broader Topix index added 0.72%, or 11.15 points, to 1558.99 at the close.

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First Published: Oct 26 2015 | 2:50 PM IST

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